Oral Answers to Questions

John Penrose Excerpts

Wednesday 1st February 2023 Commons Chamber

[The Prime Minister]

I appointed an independent adviser to fully examine the matter, establish facts and report back. That is the process that the Labour party called for, and that is the process that we followed.

[John Penrose (Weston-super-Mare) (Con)]

Q10. Two years ago, the Prime Minister commissioned me to propose 30 ways to boost growth and make Britain the most competitive country in the world. So far, we are under way with about half of them, but some of the most valuable, such as reforming ponderous and expensive utilities regulators or building on our international lead in open banking, have not moved at all. Will he meet me to discuss how to channel our inner Nigel Lawsons and unblock the arteries of our economy with low-cost, pro-competition supply-side reforms?

[The Prime Minister]

My hon. Friend has a long track record of advocating for and implementing policies that increase our competitiveness and reform the supply side of our economy. His report was fantastic, and I look forward to meeting him to discuss those things further and help drive growth in this country.